A new US jobs report helped push metals prices up later in the session today.
Articles Tagged "copper price"
Copper – Copper prices have recovered slightly from early-week lows. However, the red metal has once again fallen victim to concerns over federal stimulus plans, sliding back from a nine-day high to $7,080.25 per tonne on the London Metal Exchange.
Prices for metals and Brent crude oil are up today, though gold and silver are still performing poorly and are set for major losses this month.
Copper – Copper prices increased today following news that the Chinese government will make its currency more flexible and market driven.
Metal prices fell early in the session on Friday before stabilizing.
Copper – Copper prices were dragged down today after the dollar made gains due to expectations the U.S. Federal Reserve would pull back on its monthly bond-buying program next month.
Copper – Positive factory production data from China - the world's largest consumer of copper - could not keep copper prices from falling Nov. 11.
Metal prices fell today after an unexpectedly positive US jobs data report was released.
Copper – BNAmericas reports that the price of copper will average US$3.28 a pound in 2014, according to the publication's Mining Outlook 2014.
Copper – Reuters reported Thursday that copper was steady, though other metals sank under the weight of a strong dollar after better-than-expected US growth data and a European Central Bank rate cut.